₦airaland Forum

Lexusgs430:
What side of the bed, did you wake up on ........

The hungry side, my oga

icon8:
The hungry side, my oga

That was very clear.........

Uber eats can sort you out ............

Lexusgs430:
That was very clear.........

Uber eats can sort you out ............

Lol

Nah, I’ll pass. Already making some world beating barbecue in the back garden . It’s a beautiful day

icon8:
Lol

Nah, I’ll pass. Already making some world beating barbecue in the back garden . It’s a beautiful day

And you no invite us ....... You chop alone ........... You ....... alone ........

Lexusgs430:
And you no invite us ....... You chop alone ........... You ....... alone ........

Hahaha my oga, I no wan kpai alone o

icon8:
Our people and their penchant for telling people how to live their lives. Someone asked a very specific question about car financing and people would rather advise them of buying a dead car, while ignoring the question asked. If they wanted your advice on what type of car to buy, they would have asked just that.

By the way, not every newcomer or foreign student is poor. Someone planning to buy a £6k car certainly knows why they want just that, and the type/model/age of car they want to own. Quit being sanctimonious and answer the question if you can, or simply ignore/look away if you don’t have an answer. Your unsolicited advice is not always welcome.

@OP, access to credit is based on your credit profile/records/score, and that, more often than not, is dependent on how long you have been in the country. While it is not impossible to get a car finance as a student, especially with 50% equity contribution in your case, it will certainly be expensive. In a nutshell, give it a shot.

Thanks boss. I tire o �

ybahrbz91:
Good Morning Everyone

People in Glasgow, which mobile network contract will you advise oooo.

Lebara dey chop my £25 unlimited monthly. Any cheaper one I can port to?

You can try Three they have a £15 unlimited plan

For how much is the insurance fee per month for cars in this range?

gistbite:
Why do you want an expensive car when you just landed? There are used cars between 1-1500

icon8:
Our people and their penchant for telling people how to live their lives. Someone asked a very specific question about car financing and people would rather advise them of buying a dead car, while ignoring the question asked. If they wanted your advice on what type of car to buy, they would have asked just that.

By the way, not every newcomer or foreign student is poor. Someone planning to buy a £6k car certainly knows why they want just that, and the type/model/age of car they want to own. Quit being sanctimonious and answer the question if you can, or simply ignore/look away if you don’t have an answer. Your unsolicited advice is not always welcome.

@OP, access to credit is based on your credit profile/records/score, and that, more often than not, is dependent on how long you have been in the country. While it is not impossible to get a car finance as a student, especially with 50% equity contribution in your case, it will certainly be expensive. In a nutshell, give it a shot.

This.
The person in question is well aware of what they want in terms of pricing. She's just asked for advice as to how to go about it. None of anyone's business as to why she wants to buy a 6k car, and the assumption of scarcity/paucity of funds because she is on a student visa is typically Nigerian.

specialenvoy:
For how much is the insurance fee per month for cars in this range?

Depends on your circumstances such as the type of driver's licence you've got (full UK as opposed to international DL, etc.). When you want to buy a car, you apply on the insurer's website giving all the details requested and the almighty algorithm will give you a quote.

When I try to get a quote, they do ask for a vehicle registration number which I don't have at the moment, how do I fill in these details to get an idea of the monthly insurance before buying the car

TheGuyFromHR:
Depends on your circumstances such as the type of driver's licence you've got (full UK as opposed to international DL, etc.). When you want to buy a car, you apply on the insurer's website giving all the details requested and the almighty algorithm will give you a quote.

TheGuyFromHR:
This.
The person in question is well aware of what they want in terms of pricing. She's just asked for advice as to how to go about it. None of anyone's business as to why she wants to buy a 6k car, and the assumption of scarcity/paucity of funds because she is on a student visa is typically Nigerian.

Our people’s inability to mind their own business sometimes does my head in. I just don’t get why everyone was jumping on the OP’s case and suggesting they buy a dead arse car instead, and somehow implying that buying a £6k car is a bad idea, when they clearly don’t know who the OP is and what they can and cannot afford. It’s crass ignorance, poverty mentality or lazy generalisation at best. Not everyone that uses finance to buy something really needs the money - sometimes it’s just better to go that route, for so many reasons including credit profile building, extra liquidity and access to emergency funds, etc. I generally prefer spending other people’s free or cheap money while smiling at mine sitting pretty in my high earning savings or investment account lol. Imagine telling someone that has always driven a new/almost new car their entire life back home to buy a £1k 15-20 years old car in the name of being a foreign student. If that car doesn’t kill them, it’s going to be the reason they fail

icon8:
O[b]ur people and their penchant for telling people how to live their lives[/b]. Someone asked a very specific question about car financing and people would rather advise them of buying a dead car, while ignoring the question asked. If they wanted your advice on what type of car to buy, they would have asked just that.

By the way, not every newcomer or foreign student is poor. Someone planning to buy a £6k car certainly knows why they want just that, and the type/model/age of car they want to own. Quit being sanctimonious and answer the question if you can, or simply ignore/look away if you don’t have an answer. Your unsolicited advice is not always welcome.

@OP, access to credit is based on your credit profile/records/score, and that, more often than not, is dependent on how long you have been in the country. While it is not impossible to get a car finance as a student, especially with 50% equity contribution in your case, it will certainly be expensive. In a nutshell, give it a shot.

When I talk say Nigerians and their communities are best dealt with in very small doses, people no go understand.
When I first come this country, my madam don already go put hand for Naija community for Manchy. I can live with Nigerians and their faking and forming (the number of strange approximations of British accents person hear dey wonderful), but when they come up with their so-called advice giving, na there I leave them. When I moved to Edinburgh, I select them carefully. The all-knowing crew: "Why you go buy manual moto, e dey pain for leg o" or "You for put those tickets for your credit card, credit card dey help for this country o" (as if person no sabi how much person get for pocket), I just avoid. No more Naija community for us, na one one.

MichaelUde:
When I talk say Nigerians and their communities are best dealt with in very small doses, people no go understand.
When I first come this country, my madam don already go put hand for Naija community for Manchy. I can live with Nigerians and their faking and forming (the number of strange approximations of British accents person hear dey wonderful), but when they come up with their so-called advice giving, na there I leave them. When I moved to Edinburgh, I select them carefully. The all-knowing crew: "Why you go buy manual moto, e dey pain for leg o" or "You for put those tickets for your credit card, credit card dey help for this country o" (as if person no sabi how much person get for pocket), I just avoid. No more Naija community for us, na one one.

I bought a manual Audi from Germany, imported it myself and drove it for years in Lagos, commuting to work and all.
Almost everyone thought I was mad.

MichaelUde:
When I talk say Nigerians and their communities are best dealt with in very small doses, people no go understand.
When I first come this country, my madam don already go put hand for Naija community for Manchy. I can live with Nigerians and their faking and forming (the number of strange approximations of British accents person hear dey wonderful), but when they come up with their so-called advice giving, na there I leave them. When I moved to Edinburgh, I select them carefully. The all-knowing crew: "Why you go buy manual moto, e dey pain for leg o" or "You for put those tickets for your credit card, credit card dey help for this country o" (as if person no sabi how much person get for pocket), I just avoid. No more Naija community for us, na one one.

I think the best way to deal with this is to be discerning and carefully chose who/what to listen to and who/what to ignore. People’s circumstances vary greatly and we should not be quick to see everyone through our own rose tinted or thorn laden lenses. Like in every community, there are brilliant people here that give genuine advices to help (a la Ticha) and there are some that are just your typical Yaya, Solo and Deborah, and in some cases, those famous aunties and uncles back home

The care home I work for is telling me they are under NHS and I can work more than 20hours. I don't want to believe what they told me. How do I verify their claim??

icon8:
Our people’s inability to mind their own business sometimes does my head in. I just don’t get why everyone was jumping on the OP’s case and suggesting they buy a dead arse car instead, and somehow implying that buying a £6k car is a bad idea, when they clearly don’t know who the OP is and what they can and cannot afford. It’s crass ignorance, poverty mentality or lazy generalisation at best. Not everyone that uses finance to buy something really needs the money - sometimes it’s just better to go that route, for so many reasons including credit profile building, extra liquidity and access to emergency funds, etc. I generally prefer spending other people’s free or cheap money while smiling at mine sitting pretty in my high earning savings or investment account lol. Imagine telling someone that has always driven a new/almost new car their entire life back home to buy a £1k 15-20 years old car in the name of being a foreign student. If that car doesn’t kill them, it’s going to be the reason they fail

This again, and the italicised is just hilarious.

icon8:
Our people and their penchant for telling people how to live their lives. Someone asked a very specific question about car financing and people would rather advise them of buying a dead car, while ignoring the question asked. If they wanted your advice on what type of car to buy, they would have asked just that.

By the way, not every newcomer or foreign student is poor. Someone planning to buy a £6k car certainly knows why they want just that, and the type/model/age of car they want to own. Quit being sanctimonious and answer the question if you can, or simply ignore/look away if you don’t have an answer. Your unsolicited advice is not always welcome.

@OP, access to credit is based on your credit profile/records/score, and that, more often than not, is dependent on how long you have been in the country. While it is not impossible to get a car finance as a student, especially with 50% equity contribution in your case, it will certainly be expensive. In a nutshell, give it a shot.

It's so annoying!

Who knows any app or website where I can get or order Naija food in London SE1?

Ticha:
Pension and wealth planning for the future - very long read.

To access full pensions, we have to pay 35 years of national insurance to access the full state pension in the UK and in New Zealand, a naturalised Kiwi aka us has to pay at least 10 years of income tax. It means we can't access the full state pension in both countries.
In both places, I doubt if we could live on the pension anyway even if we qualified for it. The full UK pension is about £7k a year so £14k for both of us. Yes, you could potentially access other benefits, but it means from age 65 for women and 67 for men, you’ll be living on approx. £1k a month unless you have savings to draw on. If you have savings of more than £16k, you also can’t access any state benefits either. So we have been planning for retirement.

We have a Global Vanguard All Shares account (the name has changed over the years) - managed by Henderson Securities. We've had it jointly for more than 12 years (husbot for much longer) and have dipped into it sometimes (mainly to pay for IVF). We haven't touched it for years now and the funds have grown exponentially. If we continue paying into it consistently, we should have about £600k worth of shares (yay compound interest) by the time I'm 55 and husbot is 52. To give an idea, we've always paid a minimum of £150 each monthly into it since 2010. Henderson does the investing and taxes on our behalf. We haven't bothered to check what they invest it in, but we picked an aggressive growth fund for a long time and that really paid off (hence using the profits for IVF). Now it's in a mid-range growth fund and will remain there. We have upped our monthly minimum payments to £250 each a month now because we can afford to do so. The SOA comes every March, but we don’t check it or even look at it beyond seeing how much is there when the SOA comes.

In New Zealand - we pay into the government Kiwisaver scheme (pension scheme). I contribute 3% of my earnings and husbot contributes 5% of his earnings, the government contributes $521 every year. We can withdraw our Kiwisaver once we've been out of NZ for 12 months (6 years of payments), so we plan to withdraw it and dump it into Henderson when we leave.
Onto tangible assets – We have property in both countries. I sold my house in 9ja once I realised it was an albatross and put all the funds into a UK purchase. Our UK family home although rented out is on a full repayment mortgage. Thanks to the current property boom (which can also go bust!) we have some substantial equity in it. We also have other BTLs on interest only mortgages. We can always sell one to clear off the mortgage on the family home if needed.

The move to New Zealand has been the best thing for us financially. I have no employer loyalty. No one goes into education to make money as the pay is poor compared to the level of work and qualifications involved. I often jump ship every 2 years because that's the only way I can increase my wages. Wages in education are much higher in NZ than in the UK which is weird (5m v 67m) but good for me!
Anyhow, when we moved to NZ, we took opportunity of the higher wages and saved and saved and saved but buying a house seemed out of our reach. Then we met another couple who seemed to have the same values as us (family, financial, moral you name it). We pooled our resources and we bought a house in our name (we bought first because we had higher incomes and better credit). With property values going crazy, we within 6 months refinanced that property and gifted the cash to this family (basically paid them back their initial contribution and extra) so they bought one too in their name. They then refinanced and gifted us the cash and we bought another in our names.
Because we want to exponentially grow the money, we are demolishing the first house to build 5 new ones and then leverage that to give them enough to buy a 2nd property for themselves. They can choose to develop or hold or sell but we will have both walked away with 2 initial properties each.

It does mean we're financially tight until we finish the build March/ April 2023 (build starts in Oct 2022) but it's for our future financial security so we're totally happy to have a few tight years. It also means I can't help my extended family as much as I used to and boy! am I hearing about it! I've thoroughly enjoyed the consent and planning process for the development. We now have land use consent ad have just applied for building consent. It has been stressful and a huge expenditure but also a big learning curve. I almost decided to retrain as surveyor last year when we got the engineering bill ��. When the houses are completed, it'll be leased to Housing New Zealand on a 5 year repairing lease. The income from the 5 after tax is about the same as my before tax income (imagine fa) so we know we can comfortably live on that should shit hit the fan workwise.

Our current NZ home was bought with retirement in mind. We went for the biggest house on a large land. We also deliberately bought in a medium density zone. Basically, we can build up to 6 four bedroom houses on the land if we demolish the existing house. If we decide not to retire in New Zealand, then that is what we would do in about 7 years’ time. If we choose to retire in NZ (I seriously doubt it) then we'll sell the UK family home and pay off the mortgage on the NZ one. It has bedrooms and a full bathroom downstairs and is disabled friendly – no stairs to access the whole of the ground floor. I have no intention of going into a nursing or care home.

Shareswise - we've now opened targeted growth fund accounts for the children with Lansdown Hargreaves. We pay £100 a month into each child's account. They will get full access at 18. Hopefully, they can use that to pay uni fees, supplement apprenticeship wages, down payment on a house or even go traveling before uni/ work starts.

We have also created a family trust. I look at the truly wealthy and what they have for going for them is generational wealth and good financial planning. In my family, I'm the first to be in a position to actually start building generational wealth. The trust will hopefully go on forever as it's for the direct progeny of my husbot and his siblings (both his siblings have no children and want none) and me and my siblings so it means my nephews and nieces will get payments annually out of it once they hit 21 but their parents can’t access any of the funds. We've currently set it so it can only be dissolved by a court and no beneficiaries can sell assets out of it including us once the asset has been placed in it.

2 reasons we have done this – divorce/ separation for us or our children. Even though we all hope to remain married till death, the truth is that divorce and remarriage happens. The trust is set up to protect the financial interests of all beneficiaries. If either of us divorces, we will continue to be paid out of it. Should any of us re-marry, the spouse will not be able to access any funds from the trust. Same with the children. Stats also show that first generation immigrants usually create the biggest wealth and subsequent generations waste the accumulated wealth. It is very likely that our children will not have the kind of drive we have because they have been born into or have lived in plenty enough to be happy with state handouts in the future. Therefore, they might actually see us as a burden as we grow older and infirm.

So hopefully at retirement, the trust can top up our pension but also ensure we remain at home till end of life and not be a burden on the children.

This is not financial advice. Just sharing what we have done.

Good planning

icon8:
Our people and their penchant for telling people how to live their lives. Someone asked a very specific question about car financing and people would rather advise them of buying a dead car, while ignoring the question asked. If they wanted your advice on what type of car to buy, they would have asked just that.

In fact when I saw the advise I weak because the car I want to buy is about £14k. For a moment after seeing the advise it was like I didn't have sense.

MichaelUde:
When I talk say Nigerians and their communities are best dealt with in very small doses, people no go understand.
When I first come this country, my madam don already go put hand for Naija community for Manchy. I can live with Nigerians and their faking and forming (the number of strange approximations of British accents person hear dey wonderful), but when they come up with their so-called advice giving, na there I leave them. When I moved to Edinburgh, I select them carefully. [b]The all-knowing crew: "Why you go buy manual moto, e dey pain for leg o" or "You for put those tickets for your credit card, credit card dey help for this country o" (as if person no sabi how much person get for pocket), I just avoid.[/b] No more Naija community for us, na one one.

Lol @ accent approximations. But really how do we really discern genuine advise from judgmental advise. I think the preconception/unconscious bias that they are judging you, already taints the advise they may or may not be given innocently in the event that you didn't know.

One may possibly receive it better from other races with the notion that "they are better" at sharing information.

The advise wasn't harmful except that the question wasn't answered at the end. I would think that the question should be answered before giving alternative.

The one that annoys me more is when someone says he wants to buy car and you see good people advising him to buy land keep first that land appreciate but car depreciate in value

MichaelUde:
When I talk say Nigerians and their communities are best dealt with in very small doses, people no go understand.
When I first come this country, my madam don already go put hand for Naija community for Manchy. I can live with Nigerians and their faking and forming (the number of strange approximations of British accents person hear dey wonderful), but when they come up with their so-called advice giving, na there I leave them. When I moved to Edinburgh, I select them carefully. The all-knowing crew: "Why you go buy manual moto, e dey pain for leg o" or "You for put those tickets for your credit card, credit card dey help for this country o" (as if person no sabi how much person get for pocket), I just avoid. No more Naija community for us, na one one.

lol. Gatekeepers of uk

Ticha:
Pension and wealth planning for the future - very long read.

We have a Global Vanguard All Shares account (the name has changed over the years) - managed by Henderson Securities. We've had it jointly for more than 12 years (husbot for much longer) and have dipped into it sometimes (mainly to pay for IVF). We haven't touched it for years now and the funds have grown exponentially. If we continue paying into it consistently, we should have about £600k worth of shares (yay compound interest) by the time I'm 55 and husbot is 52. To give an idea, we've always paid a minimum of £150 each monthly into it since 2010. Henderson does the investing and taxes on our behalf. We haven't bothered to check what they invest it in, but we picked an aggressive growth fund for a long time and that really paid off (hence using the profits for IVF). Now it's in a mid-range growth fund and will remain there. We have upped our monthly minimum payments to £250 each a month now because we can afford to do so. The SOA comes every March, but we don’t check it or even look at it beyond seeing how much is there when the SOA comes.

The move to New Zealand has been the best thing for us financially. I have no employer loyalty. No one goes into education to make money as the pay is poor compared to the level of work and qualifications involved. I often jump ship every 2 years because that's the only way I can increase my wages. Wages in education are much higher in NZ than in the UK which is weird (5m v 67m) but good for me!
Anyhow, when we moved to NZ, we took opportunity of the higher wages and saved and saved and saved but buying a house seemed out of our reach. Then we met another couple who seemed to have the same values as us (family, financial, moral you name it). We pooled our resources and we bought a house in our name (we bought first because we had higher incomes and better credit). With property values going crazy, we within 6 months refinanced that property and gifted the cash to this family (basically paid them back their initial contribution and extra) so they bought one too in their name. They then refinanced and gifted us the cash and we bought another in our names.
Because we want to exponentially grow the money, we are demolishing the first house to build 5 new ones and then leverage that to give them enough to buy a 2nd property for themselves. They can choose to develop or hold or sell but we will have both walked away with 2 initial properties each.

Shareswise - we've now opened targeted growth fund accounts for the children with Lansdown Hargreaves. We pay £100 a month into each child's account. They will get full access at 18. Hopefully, they can use that to pay uni fees, supplement apprenticeship wages, down payment on a house or even go traveling before uni/ work starts.

We have also created a family trust. I look at the truly wealthy and what they have for going for them is generational wealth and good financial planning. In my family, I'm the first to be in a position to actually start building generational wealth. The trust will hopefully go on forever as it's for the direct progeny of my husbot and his siblings (both his siblings have no children and want none) and me and my siblings so it means my nephews and nieces will get payments annually out of it once they hit 21 but their parents can’t access any of the funds. We've currently set it so it can only be dissolved by a court and no beneficiaries can sell assets out of it including us once the asset has been placed in it.

2 reasons we have done this – divorce/ separation for us or our children. Even though we all hope to remain married till death, the truth is that divorce and remarriage happens. The trust is set up to protect the financial interests of all beneficiaries. If either of us divorces, we will continue to be paid out of it. Should any of us re-marry, the spouse will not be able to access any funds from the trust. Same with the children. Stats also show that first generation immigrants usually create the biggest wealth and subsequent generations waste the accumulated wealth. It is very likely that our children will not have the kind of drive we have because they have been born into or have lived in plenty enough to be happy with state handouts in the future. Therefore, they might actually see us as a burden as we grow older and infirm.

So hopefully at retirement, the trust can top up our pension but also ensure we remain at home till end of life and not be a burden on the children.

This is not financial advice. Just sharing what we have done.

Omo!
I'm short of words! This is so insightful!
I'm particularly interested in this topic as I am already thinking and planning retirement now. The trust route is an interesting one I would like to explore and understand better....will have to do some more research on that.
I find it also very fascinating/admirable/inspiring that the people can still be trusted as in the case of pooling funds with the other couple....if people can be honest in their dealings, there will always be more to be more gains in working together..

Thank you for always taking your time to share knowledge even though you are not obliged.

specialenvoy:
When I try to get a quote, they do ask for a vehicle registration number which I don't have at the moment, how do I fill in these details to get an idea of the monthly insurance before buying the car

that is not a mandatory field I believe, before I bought a car I was able to check what insurance would be like for the sort of specs I was interested in. try "go compare" if you have not.

Ticha:
Pension and wealth planning for the future - very long read.

It has bedrooms and a full bathroom downstairs and is disabled friendly – no stairs to access the whole of the ground floor. I have no intention of going into a nursing or care home.

My sentiments exactly.
Hoping the government hurries up and sorts out this whole euthanasia/right to die thingy, because if at any time I lose the ability to take care of myself in my own home on my own terms, I'd prefer to end it all. In no event will I hang around for the care home people to be spraying foam on me.

TheGuyFromHR:
My sentiments exactly.
Hoping the government hurries up and sorts out this whole euthanasia/right to die thingy, because if at any time I lose the ability to take care of myself in my own home on my own terms, I'd prefer to end it all. In no event will I hang around for the care home people to be spraying foam on me.

Which kin foam, do they spray .......... Una no go kill pesin........

aminlove:
Who knows any app or website where I can get or order Naija food in London SE1?

Firstly, I do not know any app, because I do not use 1. Secondly, I do not know if by ‘Naija Food’ you meant JustEat & Deliveroo kinda thing.

(Let me put that disclaimer out before the Nairaland Angry Birds come at me)

Secondly, for all the time I lived in SE1, there were countless Naija Food outlets on the high street.


See what I found by a 2 click Google search:

https://www.just-eat.co.uk/area/se1-southwark/nigerian

icon8:
By the way, not every newcomer or foreign student is poor. Someone planning to buy a £6k car certainly knows why they want just that, and the type/model/age of car they want to own. Quit being sanctimonious and answer the question if you can, or simply ignore/look away if you don’t have an answer. Your unsolicited advice is not always welcome.

Omo I was weak when I saw the advise to buy a cheaper car. Do you even know their pocket! We came here as students no mean say we poor, some of us had really good paying jobs back home. we just wanted a better system to thrive in hence coming in as students.

MichaelUde:
When I talk say Nigerians and their communities are best dealt with in very small doses, people no go understand.
When I first come this country, my madam don already go put hand for Naija community for Manchy. I can live with Nigerians and their faking and forming (the number of strange approximations of British accents person hear dey wonderful), but when they come up with their so-called advice giving, na there I leave them. When I moved to Edinburgh, I select them carefully. The all-knowing crew: "Why you go buy manual moto, e dey pain for leg o" or "You for put those tickets for your credit card, credit card dey help for this country o" (as if person no sabi how much person get for pocket), I just avoid. No more Naija community for us, na one one.

Please na, stop calling Manchester - Manchy!!! Lol

Please, anyone into pen testing here?